What You Need To Know About the New Bank of America Short Sale Process

Hey guys, I'm Kelly Cook here with the Kelly Cook Real Estate Group part of Keller Williams Realty and your Phoenix short sale specialists. We can be found online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale.

Our topic today is the new processes with Bank of America short sales. They came out and had a big announcement this past week on the new processes for homeowners and agents alike. The one program that we are going to talk about today is their cooperative short sale program. Bank of America basically has three separate short sale programs and we are going to talk about the cooperative program today. The cooperative short sale program is basically a pre-approved short sale program so if you are out there wondering if a short sale is right for you and you have a Bank of America loan, chances are you can get qualified for a pre-approved short sale through the cooperative short sale program. By doing that you simply contact an agent like us who specialize in Bank of America short sales and then we submit your information along with a letter of authorization to see if you qualify for that program.

To qualify you simply have to have a hardship. So give us a call today to speak about this further or if you have any other questions on what a qualified hardship is. The best part about this program is that Bank of America will pay you up to $2,500 at closing with a successful short sale. It's a great deal, you don't have to do anything just let us take care of all the work. You don't pay us a dime because our fee is paid for by Bank of America and you can get a check for up to $2,500 at closing.

Again, I'm Kelly Cook with the Kelly Cook Real Estate Group, your Phoenix short sale experts and I'm here to help. Give us a call today if you have any other questions about this program, we would love to talk to you more about it. We can be reached at 480-442-9868 or you can email us at info@KellyCookHomes.com. Take care and we look forward to speaking with you soon.

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